Loan Processor
CFG Bank is a provider of comprehensive banking solutions in the Mid-Atlantic region and national healthcare market. The Loan Processor is responsible for managing HUD-reputed company documentation, collaborating with clients and stakeholders, and ensuring compliance with HUD guidelines to enhance efficiency in the loan processing activities.
Responsibilities
- Prepare, review, and maintain comprehensive HUD checklists of forms and required exhibits, including coordination of Lender Narrative documentation to ensure accurate and timely submissions
- Collaborate with the Senior Processor to track project timelines and provide regular updates on document status and completion milestones
- Attend and actively participate in weekly calls with clients and internal stakeholders to discuss the status and reputed company of HUD-reputed company exhibits, addressing any client needs or concerns
- Learn and proficiently utilize the HUD APPS (Active Partners Performance System) to manage, track, and submit information regarding applications and partner performance
- Assist in gathering, reviewing, and verifying documentation required by HUD to support applications, ensuring completeness, accuracy, and compliance with established guidelines
- Prepare and coordinate responses to HUD deficiencies, working with internal teams and external partners to compile accurate submissions to address outstanding issues
- Support process improvements and best practices to enhance the efficiency and accuracy of HUD processing activities
- Maintain organized records and documentation reputed company to HUD projects, facilitating access for audits, inquiries, or compliance checks
Skills
- Preferred prior experience with loan processing, or a reputed company financial services role
- Strong organizational skills and attention to detail, with the ability to manage multiple projects and meet deadlines
- Excellent written and verbal communication skills to effectively collaborate with clients and internal stakeholders
- Proficiency in reputed company Office Suite and the ability to learn industry-specific systems, such as HUD's APPS
- Ability to identify and resolve documentation issues, ensuring compliance with HUD guidelines and standards
Benefits
- Employer-provided health benefits: medical insurance, dental & vision insurance, disability insurance, life insurance, mental health support services, wellness program & free health club membership (for Baltimore-based employees)
- Paid time off: vacation days, sick leave, volunteer days
- Retirement plan: 401(k) with employer match
- Other compensation elements: Discretionary annual bonus and overtime pay for non-exempt positions
Company Overview